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20130124
20130124
STATION
FBC 13
LANGUAGE
English 13
Search Results 0 to 12 of about 13 (some duplicates have been removed)
FOX Business
Jan 24, 2013 12:00am EST
's taxes. with taxes spiking the rich are fleeing for the borders. how much can the state take from the wealthy before there is nothing left? today's "money" power panel weighs in. >> didn't think new york apartments could get any smaller? oh how wrong you are. micro apartment are coming to the big apple. could the miniature spaces bring big profits to the developers and will they spread to more cities? one of the architects is here with the details. even when they say it's not, it's always about money. melissa: first let's look at the day's market headlines and today's market moment. the beat goes on for the bulls. strong earnings from the likes of ibm, and google helped give a boost to stocks. the dow and s&p 500 hit fresh five-year highs. the blue-chips rose 66 points. apple earnings are sliding after-hours. the company reported fiscal first-quarter earnings just a short time ago, beat expectations on the bottom line. came in a bit light on revenues. mcdonald's shares climbed. it beat expectations on the top and bottom line in the fourth quarter. also reported a solid rebound in
FOX Business
Jan 24, 2013 1:00pm EST
, requiring congress to not spend more than it makes, than it takes in in taxes. if you call taxation making money, but it can't spend more than it takes in. any traction on that? >> yeah. this is an idea, an old idea, whose time has timely come, and, you know, as polls show about 75% of all americans support this idea, most of the state legislatures operate the same way, and we need to do this because we need permanent structural spending reform so that we don't find ourselves back in the same position every six to 18 months in raising the debt limit. >> limit spending to 18% of the gross national product, 18%. right now, it's a rate of 23%. we're looking at some of the other things that you would do. you want a historical average of total federal receipts so congress is only run a deficit, increase taxes, or increase debt if agreed upon by a two-thirds vote. i like how it sounds, but it doesn't sound like you can get other politicians to agree to it? >> rome was not build in a day. it's in the a sell yet, but we have support in the senate for the idea of a balanced budget amendment. the la
FOX Business
Jan 24, 2013 9:20am EST
the exporters going down and then the wild card here is what is the government going to do with taxes, how does that affect business and consumer spending. so we're on that road, but the road is-- it needs a lot of pavement, stuart. hopefully our government will do the right thing by us. >> hopefully. >> stay there for a second, carol, i want your opinion on another news item. and we broke the story yesterday, union membership, it's way down. i've got some numbers for you, in all, 400,000 workers, less left the labor movement, gone, 400,000, the state of wisconsin lost 46,000, 13%. indiana, where a law passed last year that doesn't require workers to pay a union fee, still allows them to benefit from collective bargaining, that lost more than 56,000 union members in that state. down 18%. most of the municipal workers, by the way. and these are the lowest union levels since 1916, i believe. carol, it occurs to me that unions have a lot of political power at the moment, but they're sharply declining membership. >> they do. and you know, it's funny, i am he' the daughter of a union electrician so
FOX Business
Jan 24, 2013 5:00pm EST
interest rates rise, our taxes are going to have to be higher to pay that debt. now, not all of that debt is held in the united states so it's not a question of just having to pay taxes in order to pay the american holders of that debt. about half the debt is now held outside the united states. chinese, middle east, others. we're going to have to raise taxes in the u.s., produce goods and services in the u.s., and ship them to the chinese, to the middle east, and others. the bigger the debt is, the more of that we're going to have to do, so it's a serious problem, and it also means that things could get out of -- really out of whack as they have in europe if suddenly foreigners or others just don't want to go on holding that debt. melissa: do you think that happens? there's a lot of people that say, you know, they don't want to stop buying our debt because we're the best game in town no matter how bad it gets, but that would be the tipping point when they come in and don't buy our debt. people say that would never happen. you honestly believe that would happen? >> it certainly could. it's
FOX Business
Jan 24, 2013 6:00pm EST
. now stores will be allowed to pass the extra cost on the you, like a tax. up to 4 percent of the total cost of whenever you're buying. with us now, consumer education president, smart credit dot com. the president of optimum capital management. great to have you both year. al start with you. what do you make of this? >> this is really bad news for consumers. we are already getting nickel-and-dimed to death, and we are about to get even worse. essentially, the fee that the market had -- merchant has to pay to exit the credit card, cone -- commonly called a slight fee, in the past they have not been able to charge a line-item extra cost to the consumer to cover that. starting this sunday will be allowed to. that is the bad news. they have already baked in that she in the price of the merchandise the you're buying. so now not only unable to charge a fee on top of what you're already purchasing, but essentially paying the fee to times over, and those of us to pay cash are really getting screwed because we're still paying the fee for people using credit cards. gerri: i want to show people s
FOX Business
Jan 23, 2013 9:00pm EST
to work legislation and low taxes have built taxes into a juggernaut. when governor rick perry was running for president he could claim, rightly, that his they created more than one-third of all of the jobs created in the entire country since the recovery began in 2009. amazing. not new york. not connecticut. texas. the lone star state unemployment rate of 6% handily beats up the nation. then there is louisiana, virginia. five and a half percent. oklahoma, five. new yorkers, pardon me, over 8%. the jersey, nine and a half percent. these metrics matter. the south is ticking new york's but the reid is a culture difference? hello, yes. thank goodness. i thought that is what liberals celebrated, diversity. i guess i probably shouldn't get so upset. after all, he has had this problem. the 40 year-old congressman was censured by the house two years ago after facing charges of 17 years of unpaid taxes on property in the dominican republic and more than 500,000 in undisclosed public assets. crazy. he also was investigated for raising millions from companies with business before the committee each
FOX Business
Jan 24, 2013 3:00pm EST
beverages. liz: boy, we have a president who was reelected, we've got all kinds of tax changes, the payroll tax cut has been eliminated. we got through one part of the fiscal cliff, now we're looking at the debt ceiling. which one of those, to you as a business leader, matters the most, affects business the most? >> i think, um, what matters the most is providing clarity. clarity to business, clarity to the country at large. and that's what people want. every time there's a survey, you see that they want clarity. and that's why i think it is so important to have a solution. liz: well, now you know you have clarity on the fact that people have the payroll tax back into their paychecks. >> sure. liz: are you seeing any effect on that where people have less money in their pockets, and maybe they're not buying coca-cola as much? >> well, i think generally speaking we still see great opportunities in the united states for our business in the coming decade and continuing on from there. we haven't seen an impact yet. it's too early to tell. liz: okay. >> but i would say this, um, i would say if we
FOX Business
Jan 24, 2013 4:00pm EST
of costa rica tells liz the key to business is favorable taxes. go figure. plus the governor the of the bank of israel on keeping his economy strong and safe in a very volatile region. david: microsoft is out. the numbers are out. adam shapiro, how do they look? >> well it's a beat on earnings, david, but a miss on revenue. earnings, 81 cents per share. the street was expecting 75 cents. revenue 21.46 billion. the street was expecting 21.53 billion. jumping in real quick on the press release they're talking about it, in the last quarter, in the server and tools business, saw increase 8.5 billion. the previouser, server and tools business reported 9.1 billion of revenue. 9% increase from the prior period year-over-year. we'll jump in to see how windows 8 is performing but they're missing on revenue. sandra: we'll keep watching the stock here in after-hours trading. looks like it is getting a little bit of a boost in after-hours trading so we'll keep looking at those numbers. keep in mind the revenues numbers fell short but the earnings per share did beat. it is a decent beat.
FOX Business
Jan 23, 2013 7:00pm EST
gun owners a $1,000 a year tax credit for each of two years for turning in assault rifles to state police, none of these are expected to pass of republican controlled house. president obama's address triggered a scathing response from the national rifle association, the leader, rain lapierre, said that president made a mockery of our constitutional rights. >> they are god-given freedoms they belong to us, in the united states of america as our birth right, no government gave them to us, no government can ever take them away. lou: lapierre argued only reason that federal government would want to create a list of gun owners is to quote, tax them or takes them. our next guest is a texas gun shol owneshopowner who is now ca boycott of groupon, after the site canceled his dial for a concealed handgun training course, he said that groupon seems to e8 to to e88ing anyoneo believes in the second amendment with as monster. saying this statement -- including shooting ranges, conceal and carry, and clay shooting, have been placed on ed on hiatus while we review internal stanstandards. the cat
FOX Business
Jan 24, 2013 11:00am EST
you have to say? stuart: we also agree on taxes. >> we should have a free enterprise, free market system. stuart: why are you such a supporter of the most leftist president in american history? >> it is not just a chief financial officer, it is a leader of our nation. he has no peers when it comes to any other candidate on the republican side or any other republican sitting in the senate. we are out of time. connell: good morning, everyone. i am connell mcshane. dagen: i am dagen mcdowell. things are looking up on the jobs front. connell: monica crowley. dagen: dreamliner, the troubles have not gone away for boeing. michael dell has ordered one of them. connell: then there is jamie dimon and john chambers. you will be hearing from both of them in this hour. liz claman at the world economic forum. cheryl: stocks now and every 15 minutes. apple. nicole: i will show you apple in a moment. the dow, the s&p are doing quite well. five-year highs. highs that we have not seen since 2007. the tech heavy nasdaq, apple weighing on the nasdaq. are we almost at 14,000? we cannot believe it. wh
FOX Business
Jan 23, 2013 11:00pm EST
about people having a disposable income now. they are paying higher taxes, they are seeing a smaller payroll check. neil: that apple could have charged a premium for their products because they are cool. >> they could easily lose their cool. is it still taught everything to say that i have the iphone? not exactly. samsung has the cool power right now. a lot of competitors are coming out with very cool phones. if you are the tech guy, you are leading the way. you are looking for the newest and best and brightest thing that is out there and apple hasn't given us anything. neil: we are talking about a lot of advanced products. the new big thing is somethingnw that i may not hear about. >> well, i think the what wenize have to recognize about apple -a i'm not talking about apple tv. i'm talking about the version four. the one where they actually -- let's just work this out for a second. [talking over each other] [talking over each other] >> there is a point in time when you were going to watchady everything, you know, on the internet ready phones. kille tv is a step in that direction. tn
FOX Business
Jan 23, 2013 8:00pm EST
, you remember solyndra, with dead folks getting homebuyer tax credits. chris, what do you make of this? >> this is something we're familiar with in the united states. medicare for example, we've seen a lot of prosecutions over the years of organized crime folk involved in ahead care scam, -- medicare scam, fake claims, that is long-standing it has happened with welfare benefits and other things, one other thing that always makes it more complicated, when you have programs that are administered by bureaucrats and conceived by politicians, those are individuals that can be i think term is gotten to. might be induced to look the other direction, and organized crime does love government programs. neil: the bigger the sums for the program the more ripe they are for this sort of thing? >> you know, in the old country where the cavuto regime is, your family. >> that is lovely. >> not cool. >> look. hey, you know, score one for the mafia, zero for the government, they out smarted government for a while. >> i like how they have veered from liquor to this. >> to wind farms, but they are going to
Search Results 0 to 12 of about 13 (some duplicates have been removed)